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One of the US’s largest insurance companies reportedly paid $40 million to ransomware hackers

The Verge

CNA Financial, one of the largest US insurance companies, paid $40 million to free itself from a ransomware attack that occurred in March, according to a report from Bloomberg. According to Bloomberg , the ransomware that locked CNA’s systems was Phoenix Locker, a derivative of another piece of malware called Hades.

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The essential guide to anti-malware tools

Network World

It's a sad fact of life in IT nowadays that some form of preparation for dealing with malware is part and parcel of what systems and network administrators must do. This goes above and beyond normal due diligence in warding off malware. To read this article in full or to leave a comment, please click here (Insider Story)

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These are the 15 Top Cyber Threats Now

SecureWorld News

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Trends in Malware attacks. We can't look at all of these categories, but let's talk about the number one cyber attack threat of malware. 46,5%_of all malware in e-mail messages found in ‘.docx’

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Booz Allen Releases Annual Financial Services Cyber Trends for 2015

CTOvision

As a result, phishing, ATM skimming and banking malware are no longer the sole concern of “Western” or multi-national financial firms. Industry research shows that the Gulf Cooperation Council (GCC) region experiences ongoing threats, including widespread banking malware in the UAE and a significant amount of phishing attacks in Saudi Arabia.

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Microsoft detected ‘destructive cyberattacks’ against Ukraine hours before Russian invasion

GeekWire

The cyberattacks, for their part, include a new malware package, which Microsoft calls FoxBlade. Microsoft says it updated its Windows Defender anti-malware service to protect against FoxBlade within three hours of the discovery. .

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Seven Massachusetts Cities Join Forces to Bolster Cybersecurity Posture

SecureWorld News

Without adhering to the kind of consistent cybersecurity standards that CREST supports, it has the potential to weaken their defenses by creating holes and cracks where attackers can hide malware." Sean Scranton is a consultant on the Cyber Risk Solutions Team at WTW and often speaks on cyber insurance issues.

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Spotlight on Cybersecurity Leaders: Kip Boyle

SecureWorld News

In the private sector, he was a CISO for an insurance company, credit card processor, bank, credit union, and IT Managed Service Provider. A : Application control so we can run computers using "allow lists" which would block all software that was not authorized, especially malware. See the conference agenda and register here.